a Mexican horseman or cowboy, typically one wearing an elaborate outfit, often with silver decorations, of tight trousers, ruffled shirt, short jacket, and sombrero. Origin of charro.
These are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.Richard earns $300,000 in 2011 while Mary earns $100,000.hese are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.
The State of Illinois Employees' Deferred Compensation Plan is a supplemental retirement plan open to all full-time state employees. The deferrals, together with any earnings, accumulate tax-deferred until the employee terminates service, dies or incurs unforeseeable financial hardship.